(CercleFinance.com) – Cybergun announced on Tuesday that it had received a second letter of intent with a view to acquiring the assets of its civil division, after that already revealed last month.
The manufacturer of licensed ball gun replicas specifies that this non-binding offer values the main tangible (stocks) and intangible (licenses) assets of the branch at a level comparable to the first offer, i.e. still above 10 millions of euros.
In a press release, Cybergun specifies that it comes from a European investment fund specialized in asset recovery and recognized for its ability to carry out profitable growth projects.
The group, which has chosen not to sign any exclusivity agreement at this stage, indicates that it nevertheless wishes to complete the sale process before the end of the first half of 2024.
The proceeds from the sale of these assets should allow it to support the development plan of its military and hunting division, whose turnover increased by 38% last year.
Following these announcements, the Cybergun stock listed on the Paris Stock Exchange rose 11% on Tuesday on the Paris Stock Exchange.
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